Kronos Incorporated

The principals of the family office are not publicly named. The office is likely managed by internal family members or a small external team. Mark Ain, the founder of Kronos, remains involved as chairman emeritus of the operating company. No CIO, CEO, or investment committee structure has been disclosed in public sources.

Kronos Incorporated appears to be a single-family office managing the wealth of the Ain family. It is separate from the UKG operating company (formerly Kronos), though the family retains an ownership stake. The office likely has no external clients and focuses solely on the family's financial assets, as is typical for a single-family office.

The investment approach is not disclosed. Family offices of this type often commit to private equity and hedge funds while also making direct investments, but no specifics are publicly available for Kronos Incorporated. The lack of any known direct deals or fund commitments suggests a highly private posture.

No explicit avoidance sectors have been publicly identified. Based on the family's background in enterprise software, any avoidance would likely be speculative. The office has not published an investment mandate or exclusion list.

The wealth derives from Mark Ain's founding of Kronos Incorporated, a workforce management and human capital management software company. The company went public in 1992 and was taken private in 2007. The family has maintained a significant stake through various ownership structures, including the 2020 merger with Ultimate Software to form UKG (per public company records, various years).